London stocks rose in early trade on Friday, taking their cue from a positive close on Wall Street.
At 0840 BST, the FTSE 100 was up 1% at 7,628.48.
Richard Hunter, head of markets at Interactive Investor, said: “The late recovery on Wall Street and the accompanying hunt for defensive cash earners has fed straight through to the UK’s premier index, where a strong opening adds to previous gains and leaves the FTSE 100 ahead by 3.1% in the year to date…”
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.